Fiat To Pay $1.5b For 16% Chrysler Call Option

That’s right folks, for the first (and likely only) time, Fiat will be putting cash on the table for Chrysler’s equity, as Reuters reports that Fiat’s new credit facility will include $1.5b with which to exercise the 16% call option in its agreement with the US Treasury. At that rate, Chrysler’s market value would be [...]

Source: http://www.thetruthaboutcars.com/2011/04/fiat-to-pay-1-5b-for-16-chrysler-call-option/

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